TIAA is unusual among financial firms for its aggressive pursuit of farmland, paving the way for financial wealth controlled by companies and individuals to takeover and dispossess rural communities of their farmland.
New report reveals finance firm TIAA initiated unprecedented global farmland investments under CEO Roger Ferguson Jr., while undermining human rights standards.
El discurso del desarrollo continúa cobrando fuerza a pesar de su rol decisivo en la crisis actual así como de los millones de medios de vida que ha destruido con desplazamientos y despojo.
University of Iowa faculty members write that major collegiate employee retirement savings manager must divest from socially irresponsible farming pension fund investments and be transparent in doing so.
Communities living within the concessions claimed by PHC have long sought to regain control over their lands and have called for negotiations to determine the conditions under which the company may be allowed to continue to operate.
The defenders believe that the charges brought against them are linked to their human rights work of mobilizing and empowering communities in Kiryandongo to resist violent evictions by foreign agribusiness companies.
European MPs issue an interparliamentary statement on the “Finance in common summit”, calling on public development banks to stop "harmful investments", such as those in the oil palm plantation company Feronia in the DR Congo.
Nicaragua has ramped up export production to the US amid the pandemic. But this has come at a high cost for Indigenous communities, who are being run off their land to make way for cattle ranches.
Harvard University’s endowment spun off its natural resources team, creating an independent entity that will manage some of the school’s agriculture and food production investments.
The Feronia case, and other development bank investment failures, shows that there is a need to overhaul development finance institutions practices and to consider whether it might be better to just shut them down entirely.
This investment marks the US pension’s first investment in farmland, and in its first in Homestead.
The pension fund is reducing its allocation to real assets from 22% to 17% as it moves its agriculture allocation to zero.
